Southern Nebraska Arts Council

Analysis

Southern Nebraska Arts Council is a registered charity in United States, based in Superior, NE. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, Southern Nebraska Arts Council reported income of $105k and spending of $103k, spending 98% of its income. Across the 2 years on record, from January 2023 to January 2024, income grew from $81k to $105k (+29%), an average of +28% a year. The sharpest change came in the year to January 2024, when income rose by 29%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southern Nebraska Arts Council sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within NE. Charities of a similar size with the same main cause include Deccan Cultural Academy Inc ($105k), Summer Jam West Inc ($105k) and Sessions at McPike Park Inc ($105k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 5.5% and program service revenue 84% of the total. At year end it held assets of $379k against liabilities of $89k, net assets of $290k.